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How does anyone buying in the Smoky Mountains make money buying today?
$1M purchase price and $125k in revenue
P/I/T payments run -$78k/yr (assuming 8% interest rate and 80% LTV)
Cleaning fees -$20k/yr
OpEx - $30k...
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Here is the link: http://finance.yahoo.com/news/10-most-overvalued-undervalued-housing-131550950.htmlAlso from the article:The most overvalued market in the U.S. was Austin, Texas (overvalued by 19%), followed by Los ...
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I am closing this week on my first property, which I will use for short term rentals in Palm Springs. I have done pretty extensive research on what to expect with city regulations and have used a lot of online tools t...
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I'm considering moving forward with a Zeus partnership for the furnished option, and was curious if anyone had any recent feedback about them? They manage quite a few properties in the Seattle area, where I purchased.
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I'm a newbie and have recently purchased 3 properties, all townhomes in Utah. Two are in southern Utah and will be vacation rentals which will cash flow really well. My third is a long term rental in northern Utah tha...
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I feel silly asking this question, but my wife and I have been struggling to compare our investment options. Obviously, BP forums/podcasts/blogs/etc. indicate that real estate is a good way to go. It sounds like a 15%...
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My experience:
I've done a lot of mailings in the past to owners of vacant properties that I've found while driving neighborhoods and for out of town owners (compiled from county appraisal data). The mailing sizes w...
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My mom had a stroke in April which has eliminated any possibility of her ever returning to her extremely stressful 7 job. She is still technically employed and earning an income while she still has sick hours, and she...
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Ready for some nerdery?
I believe that the Federal Reserve is going to cut rates by 25-50 bps at it's September meeting (no emergency cut), but that 30-year fixed rate mortgage rates will rise to upper 6s low 7s aro...
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In what cities/neighborhoods would a turnkey property yield the best cash flow & appreciation?